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Updated over 4 years ago,
House Hacking MultiFamily versus Single Family Home
Hi BP community!
This is my first post in awhile. I am looking to buy my first property and househack it! Houses in my market are are at least 400k because I am in Northern California. Ideally, I would like to have a multifamily home because it makes more money but I am not sure if it is a better idea to get a SFH. What are common pitfalls to look for when house hacking? How much money do I need for down payments on a SFH versus a multifamily? The down payment is going to be my biggest problem along with tenants. Please share any useful information or tips you have,
thank you,
Cody